Social Media

Interview with twitter’s Chief Revenue Officer

Business Insider posted up this interview with twitter’s Chief Revenue Officer Adam Bain yesterday. If you don’t yet understand the opportunities for you as a marketer in using twitter as part of your marketing mix, this is well worth watching.

Some interesting case studies with VW and Audi referenced a few times, but perhaps most usefully is that the three advertising products available from twitter are explained in very simple terms:

  1. promoted tweets
  2. promoted accounts
  3. promoted trends

Well worth 30 minutes of your time to watch this.

Interviews with a Marketer: Dirk Kelly

Cunard logoOver the years we’ve worked with and for some pretty interesting and impressive marketers. Most of our experience is in the b2b space, but we have also worked with large b2c brands and those SME captains working their magic with much smaller budgets.

The one thing they all share is the ability to perform in the marketing stakes, whether the goal is building brand awareness, generating sales leads, developing new products, or other. They all have some valuable experiences and skill sets we’d like to tap into.

Consequently we’re going to be asking these marketers to share their knowledge with a series of ‘Interviews with a Marketer’ blog posts. We’ll be asking a handful of short questions covering strategy, tactics, measurement / ROI and of course that all important area of social media.

We’re kicking off the series below with Dirk Kelly, Customer Relationship Marketing Manager for Cunard. Dirk’s marketing career ranges from the travel sector, to financial services, sports and home ware and he’s been in the business for over 12 years. We’re confident he has some serious value to add. He also works for one of the great global travel brands.

Enjoy and please add your comments and questions below.

1. What’s your name and where do you come from?

Dirk Kelly, Customer Relationship Marketing Manager, Cunard Line, Travel sector.

2. What are the key marketing challenges you’re facing over the next 12 months?

With our new vessel, Queen Elizabeth, which entered service in October 2010 we have the challenge of filling an extra 36% of capacity in a touch economic climate. Key for us therefore over the next 12 months is getting the right level of newcomers into the business while ensuring our existing guests rebook in sufficient volume early to maintain yields and brand values.

As an international brand with passengers sourced from four keys markets – UK, North America, Germany and Australia – changes in oil prices, political unrest etc. adversely affect our business model and thus the challenge is to keep nimble so if things change we can adapt to fill our ships.

3. What marketing tactics have been most effective for you in the last 12 months?

Our traditional marketing tactics such as Advertising and DM are still where we invest the vast majority of our marketing spend and continue to produce the greatest return on investment. However we have seen some great results through email, PPC, SEO and with our social media channels.

We recently sponsored an area at the Hampton Court Palace Flower Show with early indications that this has been successful and met our objectives.

All in all we still largely operate within traditional means, but with the new marketing tactics increasingly coming to the fore. Already next year we will be investing more in PPC and SEO than ever before. Competitions also work well for us.

However if we could launch a new ship every year we would. Nothing compares to the PR and airtime (both tv and radio) that we get worldwide when a new Cunard Queen enters service!

4. What metrics have you been using to measure the success of your marketing campaigns?

We use a whole suite of metrics to measure the effectiveness of our campaigns. We’re a B2C company and we’re fortunate to get all of our customers’ data, allowing us to track and attribute results to the correct channel.

Direct Mail: We use a variety depending on the campaign – booking conversion to numbers mailed, revenue, £ ROI, %ROI, number of voyages featured vs. £ ROI from each voyage.

Email: Cost per booking, booking conversion to numbers emailed, revenue, open rate, click rate and click to open rates.

Brand Website: Total visits, unique visits, time on site, conversion rate (direct bookings) and lead generation.

SEO: Cost per click, cost per lead, cost per acquisition, click through rate, conversion rate (direct bookings).

Advertising: Cost per booking, cost per lead, cost per acquisition and number of brochure requests.

Social Media: number of likes, followers and watchers, number of times we were mentioned in posts and the number of people who would see that, number of tweets we were mentioned in, number of our tweets that were seen and retweeted, clicks to links, number of bookings and revenue generated.

5. How has your marketing strategy evolved with the advent of new social media tools such as twitter and facebook?

As a business we have fully embraced the new world of social media and have a dedicated full time resource managing our social media strategy across all platforms – blog, facebook, twitter and YouTube.

We fully believe in letting our guests and newcomers talk to us when, where and how they want. Over the last few years more time and investment has been put into social media and our strategy has changed according to developments in the social media space, in some instances feeding off the traditional marketing we are doing and vice versa.

For example recently we have held interactive voyages where our social media executive and some key bloggers travelled on board a voyage. We asked our followers to dictate what they did on board and they reported back via blog post updates during the journey. This was spectacularly successful for us in terms of content, interaction and number of likes and followers, but we also utilised the content in our emails, DM and loyalty magazine with successful results.

6. Are you planning on using any new marketing technologies in the next 12 months?

We aim to be more customer centric in our approach to communicating with our database. As such in the next few months we will be implementing a new database that covers all Carnival UK brands (P&O Cruises, Princess Cruises, Cunard Line and Ocean Village) into a single customer view.

A result of this is that we are purchasing SmartFocus to plug into our new CRM system to drive our communications strategy. We hope this will get us to a place where we are talking to our guests and providing them with the information they want, when they want it, that is relevant and personalised. We expect this to translate to improvements in both acquisition and retention metrics.

This new technology enable us to capture a great wealth of customer data in one place, providing us with a greater understanding our guests and the ability to improve the targeting of our marketing campaigns. It has been a four year project and only now coming to fruition.

7. What are the key elements of a strong agency client relationship?

Trust and open and honest communications.

Aligning Marketing with Resources

resourcesQuite often I hear people talking about doing social media marketing because it’s free. I always smile at this, because  social media marketing as I understand it is far from free.

 Read more

How to use Social Media to Beef up your Event

If there are two tactics in your marketing kit bag that are better designed to be integrated than events and social media then I want to know about it. For me these two go together like roast beef and Yorkshire pudding, absolutely perfectly.

 Read more

Why Your Meetup Group Needs a Blog

I spoke at the London Meetup Organisers Group last night and introduced why I think all Meetup Groups should have a blog. In my humble opinion there is no better way, outside of the events you all run, for a Meetup organiser to demonstrate their interests, passions, credibility and intelligence than by writing a blog.

 Read more

Reader Polls: Social Media Tools

I’ve been running a poll on this blog for a few months now asking the question ‘have you used any of the following social media tools to market your business?’.

The options and answers in order of popularity were:

•    Blog 67%
•    LinkedIn 55%
•    Facebook 48%
•    Other 39%
•    Del.icio.us 30%

What does this tell us?

First of all it confirms the significance of blogging as a key business communications tool. It’s interesting to see how many different types of business have jumped onto this marcoms tool, with everyone from CEOs to technical R+D experts, professional services firms and more. Working with small businesses I find blogging can provide a good platform for demonstrating your expertise, creating a feedback channel for customers, providing a place to foster conversation with existing and prospective customers and much more. If you want advice or some ideas for how to get a blog going for your business I recommend reading the BetterBusinessBlogging blog written by expert Mark White.

LinkedIn is another great resource but for networking. There is a lot of debate in the blogosphere as to how valuable LinkedIn really is, but for me there is no question of its potential. A good example is an old colleague of mine who recently contacted me through linkedIn. She had recently started up as a business operations consultant and was looking to expand her network and service offering. There may now be opportunities for us to work together either on the same clients, or through referring business opportunities. For ideas on how to get the most from LinkedIn, read Guy Kawasaki and LinkedIntelligence.

Facebook needs no introduction. It’s amazing how frequently I receive marketing messages from groups I belong to on Facebook, from music bands to clubs I belong to. One of my clients uses Facebook to manage its alumni and as a source of recruitment. There are no end to the possibilities. For bigger brands you might even consider advertising on Facebook.

The main point that came across from the survey is that people are using a mixture of different social media tools to market their business. A blog is a good start, but develop your LinkedIn profile in parallel and cross promote both platforms. Once you have a blog up and running and your LinkedIn profile is starting to grow, look at Twitter, or start social book marking with Delicious.

There is a good argument that you should have an objective in mind before you start with social networking and some goals in place in order that you can measure whether your efforts have been successful. I agree with this entirely for blogging but for the less strategic tactics, like LinkedIn, I would suggest just getting started and trying it for a month to see what you can achieve, you may just be surprised how many doors it can open and the costs are tiny – in most cases just your time.

What’s the next reader survey then?

Well it’s online now in the right hand sidebar and I would like your help to understand the impact of the global recession on your business..:

What tactics have you employed to combat the global recession?

Increased marketing spend
Made redundancies
Cut costs
Changed strategic direction
Refinanced business
Other

Value of Blogging for Small Business Marketing

Blog Concept for B2B marketingI attended a conference held in London last week all about social network tools. The main thrust of the conference was all about the value of Web 2.0 applications, such as blogging, wikis, online communities, instant messenger services etc for generating business results.

 Read more